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TVS MOTOR COMPANY LTD.

29 April 2025 | 09:34

Industry >> Auto - 2 & 3 Wheelers

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ISIN No INE494B01023 BSE Code / NSE Code 532343 / TVSMOTOR Book Value (Rs.) 163.32 Face Value 1.00
Bookclosure 26/03/2025 52Week High 2958 EPS 47.06 P/E 57.96
Market Cap. 129570.51 Cr. 52Week Low 1919 P/BV / Div Yield (%) 16.70 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
1982 - The company was incorporated as Indian Motorcycle Pvt. Ltd. on 15th July. Its name was changed to Indo Suzuki Motorcycles Pvt. Ltd. and it was converted into a public limited company on 12th January, 1984. It was promoted by Mr. N. Krishnan in collaboration with Suzuki Motor Co. Ltd. Japan; Sundaram-Clayton, Ltd., a member of the Company to the extent of Rs 70 lakhs. - The company entered into a technical know-how and assistance agreement with Suzuki Motor Co. Ltd., of Japan on 22nd September. As per the terms of the Colloboration, Suzuki agreed to furnish complete technical information and know-how, trade secrets and other data. - All shares taken up by promoters etc. 1984 - The company received a letter of intent for the manufacture of 20,000 spark ignition operated out board motors and 30,000 internal combustion spark ignition engines upto 500cc per annum. - 59,40,000 shares issued at par in 1984. 7,00,000 shares allotted to Sundaram Clayton, Ltd. Chennai, 70,000 shares allotted to Anusha Investments (P) Ltd. Chennai, 20,00,000 shares allotted to Suzuki Motor Co., Ltd., Japan; 2,20,000 shares allotted to employees and business associates and 29,70,000 shares offered to the public. 1985 - A new company "Lakshmi Auto Components Pvt Ltd." was incorporated for the manufacture of critical engines and transmission parts. 1986 - The company acquired the assets of the moped division from Sundaram Clayton Ltd. The cost of acquisition was met partly by rights issue of equity shares. The company subscribed to 39,20,000 equity shares of Rs.10 each of Lakshmi Auto Components Pvt Ltd, whereupon it became a subsidiary of the company. - The name of the company was changed from Indo Suzuki Motorcycles Ltd. to TVS Suzuki Ltd with effect from 18th August. - 154,00,000 Rights Equity shares issued at par in prop. 2:1. 1988 - The company obtained a letter of intent for expanding the capacity to 4,00,000 Nos. two wheelers. 1989 - The working was adversely affected due to labour unrest which resulted in a lock-out from 28th February 1990. The lock out was lifted in the second week of June 1990. 1990 - The company launched a 34cc miniped to take advantage of the Motor Vehicle Act that exempts such vehicles from the payment of road tax. The Company worked for only 10 months due to lock-out. 1991 - The technical aid agreement entered into with Suzuki Motor Co., Japan which expired in August 1991 was extended for three more years with the approval of the Government of India. 1992 - The Company launched two new models of motor cycles viz. `Sumurai' and `Shogun'. 1993 - The Company launched a new model of moped viz. `TVS Scooty'. 1995 - The Company was studying the feasibility of opening a second plant at a different location to meet the growth in demand for two wheelers in the near future. It also proposed to introduce upgraded version of mopeds. In addition, during the year, the Company undertook to develop new models of motorcycles. 1996 - The company is taking steps to meet the increase in demand for its products and improve the market share. - A statement relating to the subsidiary, M/s Lakshmi Auto Components Limited, Chennai, and a copy of its annual accounts for the year ended 31st March, 1996 are attached to the Balance Sheet pursuant to section 212 of the Companies Act, 1956. - As per the requirements of section 217(1)(e) of the Companies Act, 1956 read with the Companies (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988, the information regarding conservation of energy, technology absorption and foreign exchange earnings and outgo are given in annexure I to this report. 1997 - TVS-Suzuki plans to set up an auto ancillary estate through joint venture with some of its existing components suppliers. The proposed project is to come up at a new 57 - acre site near TVS-Suzuki's existing plant at Hosur. - Leading two-wheeler manufacturer in the country, TVS Suzuki, will soon set up a new 2.5 lakh capacity scooter plant in Mysore. - TVS-Suzuki (TSL) - a joint venture between the TVS group and Suzuki Motor Corporation, Japan - was the first company to launch a 100-cc motorcycle in the Indian market. - Credit Analysis & Research Ltd (Care) has assigned the credit rating of CARE AA+ (double A plus) to the proposed non-convertible debenture issue of Rs.100 crore by TVS-Suzuki Ltd (TSL). - TVS Suzuki is a joint venture between Saundaram Clayton Ltd. of the TVS group and Suzuki Motor Corporation, Japan. - The company proposes to introduce kick start facility. - TVS Suzuki Ltd (TSL), the second largest two-wheeler manufacturer in the country, will be restructuring its entire vendor-base in the next five years with the objective of creating robust vendors to meet its future expansion plans. - TVS Suzuki Limited is officially launching its new moped model, the XL Super. - The Rs. 100 crores non-convertible debentures of TVS-Suzuki Limited rating of AA + (high safety with higher standing) has been retained by CARE. 1998 - TVS Suzuki Ltd, one of the leading two-wheeler manufacturers in the country, has crossed the Rs.1,000-crore turnover mark in 1997-98. - TVS will be the first company in the country to introduce the 4 stroke scooter in the Indian market. - TVS' new-generation state-of-the-art four-stroke scooter Spectra, of which we gave you an exclusive preview last month, was launched in spectacular fashion at the TVS Millennium Show on October 1 in New Delhi. - TVS Suzuki Ltd on October 1 launched its new generation 4-stroke scooter `TVS Spectra' in Delhi. 1999 - TVS Suzuki is all set to launch a scaled-down version of Spectra -- the recently launched four-stroke scooter. - The company is set to launch Spectra on a nation-wide basis in April. - Suzuki has indicated to the TVS group that if it did not agree to the Japanese company's acquiring a majority stake, it should allow Suzuki to set up a 100 per cent subsidiary. 2000 - The Company, pioneers of Indo-Japanese motorcycles in the country, has launched its latest offering, Suzuki Fiero, in the Kerala market. - The Tamil Nadu based TVS-Suzuki has launched the 150 CC four-stroke powerhouse Suzuki Fiero in Tamil Nadu, close on the heels of its launch in Rajasthan, Karnataka and Kerala. - Two-Wheeler major, TVS-Suzuki Limited is set to create a special cell to tap the institutional segment. - The Company proposes to relaunch its four-stroke scooter, Spectra, in July. - Two-wheeler major TVS Suzuki is all set to cross the magic one million mark durisng the current fiscal with 12 new models lined up over the next 18 months. - Motocycle giant, TVS Suzuki, has forged an alliance with Brand Dotcom to leverage the latter's online expertise brand building on the Net. - TVS-Suzuki Ltd on August 30th, formally launched its indigenously developed 4-stroke motorcycle, TVS Victor, here. The price has been fixed at Rs 41,187, (ex-showroom, Chennai). - The TVS group and Suzuki Motor Corporation September 27 parted ways from their 15-year-old joint venture with the former buying out the 25.97 per cent stake of the Japanese company for Rs 9 crore. 2002 - TVS Motor Company Ltd has informed that the Board declared an interim dividend of Rs 9.00 per share on 2,31,00,070 equity shares of Rs 10/- each fully paid up, aggregating to Rs 231.00 million. 2003 -TVS Motor Company has recorded a market share of 35% from motor cycles division -K.S.Bajpai has been appointed as an Additional Director on the Board. -TVS, Bajaj Auto and Yamaha have grabbed the market share from the country's largest motor cycle maker Hero Honda. -The TVS victor sales has crossed 4 lakh unit mark in less than 18 months of its launch. -TVS Motor has recorded a 31% growth in its sales. -C V R Panikar has been appointed as Additional Director on the Board of TVS Motor Company Ltd. -TVS Motor Company has reintroduced Fiero, inorder to compete with Bajaj Pulsar. -TVS Motor Company Ltd has introduced its own racing bikes which Team TVS will test on the tracks in Asian Circuit. -TVS Motor launched 4 new mobikes including a new brand 100-cc mobike called the Centra. -TVS Motor Chairman and MD Venu Srinivasan has been selected in Business Week's Stars of Asia which covers the top 25 achievers in the continent. -TVS Motor Company adds two new models in two-wheeler segment. -TVS Motor ties up with State Bank of India for scooter and Motorcycle financing. -Launches Fiero F2 and Scooty Pep models -Board of approves the merger of engine components division of its subsidiary, Lakshmi Auto Components (LAC) with TVS Motors effective from April 2, 2003 2004 -TVS Motor , on Jan 5 launched Centra, a 100 cc four-stroke motor cycle, with variable timing intelligent (VTI) engines, claiming to give more mileage to consumers. The Centra has bundled price, style, power along with fuel efficiency making it a fill-once-a-month bike, and it's priced at Rs.36,990. nearly Rs 100 crore investment had gone into the launch of 'Centra', including R&D, plant and machinery. -TVS Motor Company Unveil TVS Centra With ' VT-i Engines',, a 100 CC 4 stroke motorcycle -TVS Motor Company launched its new bike - TVS Centra - here on February 9, 2004, for the first time in the State. It is a 100-cc four-stroke motorcycle targeted at the popular segment and a Fill-it-once-a-month bike, competitively priced at Rs. 36,990. The vehicle has been launched in January in the metros and other cities and so far 8,000 vehicles had been sold in the country. -TVS Motor Company and Union Bank of India (UBI) have announced the launch of `Union Miles Scheme,' an exclusive two-wheeler finance scheme - TVS Motor Company (TVS) launches new 125cc, 4-stroke Victor GLX motorcycle in Chennai on May 02, 2004 -TVS Vice President resigns -TVS Motors forges alliance with Andhra Bank -Canara Bank, TVS Motor rolls out TVS Canmobile -TVS picks up Asian Network for Quality award -TVS unveils new version of 'Victor GX' 2005 -TVS Motor Company introduced its entry-level 4-stroke motorcycle - TVS Star - in the Kerala market -TVS rolls out Star bike in Andhra Pradesh -TVS Motor Company launches TVS Centra VT-i, a variant of its four-stroke 100cc model TVS Centra on May 6 -TVS Motor rolls out two motorcycle variants named Victor EDGE, StaR City and Scooty Pep plus 2006 -TVS Motor appoints new President -TVS launches Apache in Vizag -TVS Motor Company launched a new version of 125 cc Victor GLX with an electric start option 2007 -TVS Motor Co, has rolled out seven new vehicles, including its first three-wheeler and a new 125 cc bike, aimed at gaining lost share in a highly competitive market. 2009 - TVS Motor Company launched Scooty Streak, which is its latest scooterette targeted at girls of 16 to 20 age group. - Tvs Motor Company Limited has appointed Mr Prince Asirvatham as an additional and independent director of the board of directors of the company effective April 21, 2009. - TVS Motor Company entered the 110 cc segment by unveiling 2 brand new products, an auto-clutch motorcycle and an automatic scooter. 2010 - TVS Motor Company has launched India's first auto-clutch motorcycle- TVS Jive, in Chandigarh. - TVS Motor Company has given the Bonus in the Ratio of 1:1 2011 - TVS Motor Company joins hands with Syndicate Bank for three-wheelers - TVS Motor Company has developed an engine that is 20 per cent more fuel efficient and is usable both in scooters and motorcycles. 2012 - TVS motor company signed a MOU with Central Bank of India to provide attractive financing options for its three wheeler TVS king across all 4,000 branches operating in India. - TVS Motor Company appoints Sudarshan Venu as Vice President - TVS Motor Company Ltd is a winner of the CII ITC Sustainability Awards 2012 2013 -TVS Motor Company wins Silicon India Mentor Graphics Best VLSI / Embedded Design - Automotive Award -TVS Motor Company and BMW Motorrad Sign Cooperation Agreement -Indias TVS Motor Company to set up assembly line in Uganda 2014 -TVS Motor Company launches TVS TRU4 Synthetic 10W 30 Engine Oil -Indias TVS Motor Company launches StaR HLX 125 Motorcycle in Tanzania -TVS Motor Company launches Stylish TVS StaR City+ -Asian Network for Quality Award 2014 2015 -TVS Motor Co. Ltd. - TVS Motor Company & Kangra Central Co-operative Bank in Himachal Pradesh sign MOU -TVS Motor Co. Ltd. has launched the 2015 edition of TVS Phoenix 125 for the drum version and for the disc brake version. -TVS Motor Company Ltd has introduced a special edition of its legendary TVS XL Super" in celebration of crossing the milestone of 1 crore mark in sales -TVS Motor Company Ltd signs MOU with TN Government for investment of 350 Crore -TVS Motor Company Ltd has launched its motorcycle "TVS Sport" with improved mileage and additional features 2016 -TVS Motor launches TVS Apache RTR 200 in Indonesia -TVS MOTOR launches All New TVS Victor and TVS Apache RTR 200 in India -TVS Motor Company launches Powerful Four Stroke TVS XL 100 in Tamil Nadu -TVS Motor Company launches Powerful Four Stroke TVS XL 100 in Kerala -TVS Motor Company launches innovative service app for its customers -TVS Motor Company launches Powerful Four Stroke TVS XL 100 in Andhra Pradesh and Telangana -TVS Motor Company launches Powerful Four Stroke TVS XL 100 in Madhya Pradesh -TVS Motor Company two-wheelers now available online on Snapdeal -TVS launches TVS XL 100 in Karnataka -TVS launches Scooty Zest 110 Himalayan Highs special edition -TVS Motor Company launches Jupiter MillionR Special Edition 2017 -"TVS Motor Company clocks sales of 207,059 units in January 2017". -Launch of BSIV compliant TVS Jupiter with 2 new colours -Company launches TVS Victor 'Premium Edition', a 110cc motorcycle -TVS Motor Company bags top honours in the J.D. Power 2017 Study -TVS Motor Company Partners with Abans Auto for Three-Wheeler Exports to Sri Lanka -TVS Apache RR 310 signals Company's entry into the super-premium motorcycle segment -"Company introduces new stylish TVS StaR City+, a 110cc motorcycle". -"Company announces successful completion of Himalayan Highs Season 3". -TVS Motor Company introduces 2 new, exciting colours for TVS WEGO 

2018
-TVS Motor launches new 2018 TVS Apache RTR 160 4V.
-TVS Motor launches XL100 Heavy Duty & Touch Start with integrated starter generator system.
-TVS Motor launches 2 new products in Philippines market.
-TVS launches its new 110cc motorbike, Radeon.
-TVS launches NTORQ 125 scooter in Sri Lanka.
-TVS teams up with Torino to open 40 stores in Mexico.
-TVS Motor bags honours at CII-ITC Sustainability Awards. 

2019
-TVS Motors introduces TVS Apache RTR 160 4V in Colombia. 
-TVS Motor gives Bangladesh 4 new products..
-TVS Motors celebrates 25 years of its brand and initiates 2 new colours in TVS Scooty Pep+.
-TVS Motor Company introduces TVS Sport, 100cc motorcycle in Sri Lanka.
-TVS Motor Company launches ethanol-powered bike.
-TVS Motor launches special edition of Radeon motorcycle.
-TVS Motor ties up with Cadisa Group to strengthen presence in Central American. 

2020
-TVS Motor Company completes acquisition of Norton.
-TVS Motor launches 2020 Apache RTR 200 4V in Nepal.
-TVS Motor Company launched the TVS NTORQ 125 SuperSquad Edition inspired by Marvel's Avengers.
-TVS Motor ties up with Pilipinas Shell Petroleum Corporation in Philippines.
-TVS Motor launches 2021 TVS Apache RTR 160 4V in Bangladesh. 

2021
-TVS Motor introduces TVS intelliGO technology with TVS Jupiter. 
-TVS Motor launches escooter iQube Electric in Delhi; priced at Rs 1.08 lakh. 
-TVS Motor launches TVS NTORQ 125 SuperSquad Edition in Nepal.
-TVS Motor Company launches new scooter - TVS NTORQ 125 Race XP.
-TVS Motor launches Bluetooth connected scooter 'TVS NTORQ 125' in Nepal.
-TVS Motor partners with Tata Power for implementing EV charging infrastructure. 

2022
-TVS Motor Company announces investment of œ100 million in Norton Motorcycle.
-TVS Motor Company launches Tech Loaded TVS NTORQ 125 XT.
-TVS Motor Company launches the new TVS iQube Electric Scooter.
-TVS Motor Company launches the all-new TVS RONIN industry-first `modern-retro' motorcycle.
-TVS Motor Company announces investment in Formula 1 Driver Narain Karthikeyan's start-up 'DriveX". 
-TVS Motor collaborates with UK Govt.'s Chevening Scholarship Programme.
-Sundaram Auto Components conferred with TPM Excellence Award for its Mysuru plant".


2023
- ION Mobility and TVS Motor Company Announce Collaboration through Project Dynamo in Indonesia.
-TVS Motor Company launches new Products inGhana, Africa".
-TVS Motor launches The New TVS Metro Plus 110 in Bangladesh.
-TVS Metro Plus has sold over 1.2 lakhs units in Bangladesh since its first launch and delivers the best in-class mileage of 86kmpl.
-TVS Motor Company sold 20,356 units of TVS iQube Electric Vehicle.

2020 -TVS Motor Company launched the TVS NTORQ 125 SuperSquad Edition inspired by Marvel's Avengers. -TVS Motor Company expands and strengthens its presence in Colombia. -TVS Motor launched 2020 Apache RTR 200 4V in Nepal.

2021 -TVS Motor Company and BMW Motorrad to jointly develop future tech and EVs. -TVS launched Apache RR 310 and NTORQ 125 in Philippines. -TVS Motor strengthens its presence in Central America by partnering with Grupo Q. -TVS Motor Company inks MoU with Tamil Nadu Govt. for Rs 1200-cr investment. -TVS Motor Company partners Bahwan International Group to strengthen presence in Iraq. -TVS Motor Company launched TVS 'Built To Order' (BTO) platform. -TVS Motor launched NTORQ 125 Race Edition scooter in Bangladesh.

2022 -TVS Motor arm acquired entire stake in German co. -TVS Motor launched TVS Star HLX 150 Disc variant in Egypt. -TVS Motor Company launched Star HLX 150 Disc Variant in Egypt.

2023 -TVS Motor launched The New TVS Metro Plus 110 in Bangladesh.

2024 -TVS Motor Company introduces new variants to the TVS iQube portfolio.